We can assist you in financing all your construction equipment, including Telehandlers.
Telehandler Finance or Hire?
If you’re in the Construction or Agricultural Sectors, chances are a Telehandler is an essential piece of equipment that you use daily. There comes a time for most businesses when they have to decide if it makes more sense to make the move from renting a telehandler to purchasing.
Purchasing a telehandler is an expensive transaction and most construction companies will consider either funding the equipment by Hire Purchase or a Leasing facility.
The advantages of financing your next telehandler is that you are able to fix the payments for the duration of the facility and depending on how you fund, there may be significant tax savings. It is always recommended that you speak to your tax advisor for the most up to date tax advice.
As the telehandlers tend to hold their value well, this enables us to tailor the finance solution to the useful life of the equipment if required.
In addition to brand new kit, we can help you to finance used equipment. The term of the facility will be determined by the age and hours worked to suit a lender’s criteria.
Refinance of Telehandlers
As previously mentioned, telehandlers in common with most construction equipment, has a strong residual value and is often suitable to be used for refinancing, subject to a lenders criteria being met. The advantage of refinancing is that it provides an additional injection of cash into the business.
Telehandler Finance Calculator
Telehandler Finance quotes vary considerably depending on several factors – the strength of the client, age and hours of the telehandler will both have a bearing on the rates charged.
We will happily give you a finance quote on a telehandler over the term you require, please get in contact and we’ll be happy to help
How Business Finance Direct helps with Construction Equipment Finance
Business Finance Direct are business finance brokers who have an extensive panel of lenders who provide finance. Knowing the lenders we work with, enables us to find the lender who is right for your circumstances. Our service to you is totally free.
Please get in touch today and let us help you with your equipment finance requirements.